Transaction Highlights

Client: Baytex Energy

Type: M&A

Value: US$2.5 billion

RBC's role: Financial Advisor, Joint Bookrunner, Co-Lead Arranger


Baytex Energy Corp. announced on February 28, 2023 that it has entered into a definitive agreement to acquire Ranger Oil Corporation, a pure play Eagle Ford company.

RBC Capital Markets is acting as Financial Advisor to Baytex Energy, Joint Bookrunner on Bridge Facility, and Co-Lead Arranger and Joint Bookrunner on Term Loan.

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